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    Melvin, MI
    Triplex

    Melvin, MI Triplexes for Sale

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    Triplex with Post Office Lease
    Updated: May 6
    Triplex with Post Office Lease

    1296 Main Street, Melvin, MI 48454

    $244,900
    1,885 sqft 0.55 AC lot
    Leased US Post Office unit with a five‑year lease that began last Oct 1
    Two 2‑bedroom apartments on month‑to‑month contracts
    0.55‑acre lot with attached garage and storage shed
    Built in 1900
    Common area includes washer‑dryer
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    This listing looks promising.

    Here's a quick look at some key insights for

    1296 Main Street, Melvin, MI 48454

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $10K
      Annual

    • Price @ 7% Cap

      $148K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melvin, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Triplex with Updated Mechanical
    Three-Unit Triplex with Updated Mechanical

    59 E Burdick Street, Oxford, MI 48371

    $359,900
    2,707 sqft 0.44 AC lot

    Well-kept three-unit triplex with a diverse bedroom mix and newer furnaces and hot water tank.

    View details
    Triplex With Commercial Flex Space
    Triplex With Commercial Flex Space

    1202 Lapeer Avenue, Port Huron, MI 48060

    $174,900

    Commercial zoning supports a flexible residential and commercial configuration.

    View details
    Triplex with Private Entrances
    Triplex with Private Entrances

    61-67 East St, Oxford, MI 48371

    $389,900

    Three-unit triplex features private entries and recent roof and furnace updates.

    View details
    Renovated Triplex Near Downtown
    Renovated Triplex Near Downtown

    822 Wall Street, Port Huron, MI 48060

    $188,000
    0.13 AC lot

    Renovated triplex in Port Huron, generating $2,450 monthly rent.

    View details

    Melvin, MI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $244,900.

    Sale prices for three-family homes in Melvin, MI average $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 1,251
    Population Growth (5Y) +7.1%
    Median Household Income $62,300
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Melvin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48454 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanilac County

    New Delisted

    Total CRE Inventory on Market (SF)

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